Examlex
The gains from trade include:
i.lower prices from competition
ii.greater output from specialization
iii.greater variety of goods and services available
Bank Reconciliation
The act of reconciling the amounts in a company's bookkeeping records of a cash account with the related details found on a bank statement.
EFT Transfer
An electronic transfer of funds from one bank account to another, either within a single financial institution or across multiple institutions.
Bank Service Charge
Fees charged by a bank to its customers for account-related services.
Cash Receipts
The total amount of money, including cash, checks, and credit card payments, received by a business during a given period.
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